With a lot of news from every direction, there are possibilities for strong moves in either direction.
Everything seems to be a remake these days....why not NZD/USD then ? ;)
With current geo-political events coupled with internal issues, the Euro is under strain. Combining this with technical analysis and the algorithmic need of the market for balance, Eur/Nzd may have some big moves to make.
With continuing weakness of the euro, this scenario has me intrigued!
Minimal Risk, Current Trade
Minimal Risk
Possible moves
Potential strong move back to price, minimal risk
Possible movements from accumulation range
